Understanding Good Debt vs. Bad Debt
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Understanding Good Debt vs. Bad Debt
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About this listen
In this episode, John Blanchard discusses the intricacies of retirement planning, focusing on Roth conversions and the implications of good versus bad debt. He emphasizes the importance of timing and strategy in converting traditional IRAs to Roth IRAs, as well as the potential tax benefits. The conversation also delves into the concept of leveraging debt for wealth building, highlighting the distinction between good debt, such as real estate investments, and bad debt, like credit card debt. Overall, the episode provides valuable insights for listeners looking to optimize their financial strategies for retirement.
Like what you hear? Get a second opinion on your current retirement plan or a tax strategy by contacting Matthew James Tax and Wealth Management today!
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